Idaho Code § 41-302

Idaho Code § 41-302. Reproduced from the official Idaho Statutes, with a citation summary, verification link, and related provisions.

§ 41-302.

"Mutual" insurer defined. A "mutual" insurer is an incorporated insurer without capital stock and the governing body of which is elected by its policy holders. This definition shall not be deemed to exclude as "mutual" insurers certain foreign insurers found by the director to be organized on the mutual plan under the laws of their states of domicile, but having temporary share capital or providing for election of the insurer’s governing body on a reasonable basis by policy holders and others.

[41-302, added 1961, ch. 330, sec. 65, p. 645.]

Source: official Idaho text · Last verified 2026-08-27

At a glance

  • Citation: Idaho Statutes § 41-302
  • Jurisdiction: Idaho
  • Code: Idaho Statutes
  • Text: transcribed from the official source (verify below)

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Statute text is transcribed from the official Idaho Statutes. Confirm it against the primary source before relying on it:

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Common questions

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What subject does Idaho Statutes § 41-302 address?

It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

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